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  • gxstockholders gxstockholders Oct 12, 2011 6:32 PM Flag

    Class Action Lawsuits

    It's a little late to accuse any party of wrecking the balance sheet, business plan, or shareholder equity this far down the Sprint road. Good luck with that!!!

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    • Good points.

      I tend to think it is a little early too but there is some great language in the 10-Q regarding Clearwire that appears inconsistent with what they were saying in the NY conference. I think something will come but I'd wait until the earnings release before I'd really start to dig.

      Under the Securities laws, an honest mistake is good enough to collect damages and with the BOD admitting to a communication mistake it seems like a short leap to finding problems in the regulatory filings.

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